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EVs and batteries

GM Aims to Drive Down Prices, Drive Up Profits, as it Continues EV Roll-Out

GM Aims to Drive Down Prices, Drive Up Profits, as it Continues EV Roll-Out

The growth of the EV market has clearly slowed this year, General Motors President Mark Reuss said during a media confab, but sales are still on the rise and GM continues planning to gain ground, even as it delays some product launches. A critical step will be driving down prices, even as profitability improves, said Reuss, who oversees GM’s product development efforts.

Elon Musk Admits Cybertruck Is Too Expensive, Says it Needs to be More Affordable

Elon Musk Admits Cybertruck Is Too Expensive, Says it Needs to be More Affordable

Tesla’s Cybertruck is arguably one of the most polarizing models on the market today but while the truck has gathered plenty of publicity for the EV company, the truck has proven to be far from perfect with recalls and other issues giving Tesla and founder Elon Musk a growing headache. However, the CEO appears to have finally admitted that the truck is too expensive for its audience.

Rivian Beats Q2 Earnings Estimates, Predicts Q4 Profit

Rivian Beats Q2 Earnings Estimates, Predicts Q4 Profit

EV maker Rivian beat its second quarter earnings estimates, but more importantly predicted it would be in the black for the first time ever in the final quarter of 2024. A series of cost cutting measures and changes to the way the company sells vehicles combined to make the second quarter a good one. Find out more at Headlight.News.

Quid Pro Quo? Musk Money in Hand, Trump is Now an EV Fan

Quid Pro Quo? Musk Money in Hand, Trump is Now an EV Fan

Donald Trump has pulled a U-turn and now says he is now “totally” in favor of EVs. The Republican nominee for president said he had “no choice” but to rethink his position after previously bashing battery-electric vehicles now that Tesla CEO Elon Musk has become one of Trump’s biggest financial backers in an increasingly tough campaign.

Lucid Secures More Funding, Beats Analysts Q2 Earnings Estimates

Lucid Secures More Funding, Beats Analysts Q2 Earnings Estimates

EV maker Lucid Motors offered up good news during its second quarter earnings call as it secured as much as $1.5 billion in new cash just in time to begin production of its second vehicle, the Gravity SUV. The company also managed to beat analysts’ estimates for the quarter. Find out more at Headlight.News.

First Drive: 2025 Ram ProMaster EV

First Drive: 2025 Ram ProMaster EV

Online retailing will generate over $1.2 billion in revenues this year. And whether you’re buying from Amazon, WalMart, Target or countless other Internet retailers your package is likely to will make it to your doorstep in a delivery van. Increasingly, those vans are going electric as fleet operators seek low-cost solutions. Now, Ram is getting into the game with the new ProMaster EV. Headlight.News had a chance to take the rig for a run – without having to make any delivery stops.

Mercedes Takes Aim at Tesla’s Best-Seller with Electric CLA

Mercedes Takes Aim at Tesla’s Best-Seller with Electric CLA

Even as its sales start to slide, Tesla is coming under increasing fire from competitors who hope to chip away at its market share which still dominates the EV market. And Mercedes-Benz is taking aim at Tesla’s best-seller with an all-new, battery-powered version of its compact CLA model set to debut next year.

Plug-in Hybrids Now Outselling EVs

Plug-in Hybrids Now Outselling EVs

As EV sales growth slows, automakers are looking for other ways to reduce emissions without turning off potential buyers. That’s led to a wave of new plug-in hybrids coming to market – and to a surge in demand for PHEVs which grew 50% globally during the first five months of the year. But will they continue to outpace all-electric models? That’s a matter of debate.

A Week With: 2024 Chevrolet Blazer EV: A Hint of Great Things to Come

A Week With: 2024 Chevrolet Blazer EV: A Hint of Great Things to Come

The Blazer name has had a long history at Chevrolet. In its newest incarnation it offers a sign of the direction the bowtie brand plans to take in an electrified automotive market. But does it live up expectations? Jeff Zurschmiede spent a week with the new Chevy Blazer EV to find out.